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Electricity 2024/25: Tariffs, renewables and transmission challenges
 Published: 11 Dec 24
South Africa’s energy crisis hit a peak in 2023, with record loadshedding affecting homes, businesses, and the economy.
Creamer Media’s ‘Electricity 2024/25: Tariffs, renewables and transmission challenges’ report explores the power outage challenges, including State-owned power utility Eskom’s struggles with aging coal-fired power plants, corruption, and electricity theft. It also looks at the broad-based approach by government to turn things around.
From new renewable-energy projects to reducing debt, including perhaps most pressingly clawing back debt owed by municipal customers, this report highlights what is being done to secure South Africa’s energy future and the challenges that remain.
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Icasa gazettes new call termination rates glide path
Published: 11 Dec 24
The Independent Communications Authority of South Africa (Icasa) has published the amendments to the 2014 Call Termination Regulations, setting a new three-year glide path for termination rates in the wholesale voice market. This followed a review in 2021, the publication of the findings document in 2022, and extensive stakeholder engagements throughout 2023.
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Real-time payments contribution to South Africa's GDP set to double by 2028
Published: 11 Dec 24
Payments technology company ACI Worldwide says in its 'Real-Time Payments: Economic Impact and Financial Inclusion' report that the contribution of real-time payments to South Africa's GDP is expected to more than double to $486-million by 2028. Real-time payments drive economic growth and give citizens access to fast and affordable financial services. The potential for banks extends beyond regions with large unbanked populations, the company notes.
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Joburg Water optimistic regarding turnaround plan amid challenges, R27bn backlog
Published: 11 Dec 24
Against a challenging backdrop of high – and rising – water demand, illegal connections, nonpayment for water, servitude encroachments and aging infrastructure, Johannesburg Water is happy with the progress it is making on its intervention programmes to ensure the City of Johannesburg’s (CoJ’s) water supply. Recently, Johannesburg Water has attracted significant public criticism, with many raising concern over the sustainability of the city’s water security as residents face frequent water outages, often for days or weeks at a time.
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Families of unlawfully convicted engineers call for their release before Christmas
Published: 11 Dec 24
The families of two South Africans, Frik Potgieter and Peter Huxham, have again pleaded with the Equatorial Guinea government to release the men, who have been detained in the country for 670 days, in time for Christmas. Potgieter and Huxham were arrested on fabricated charges in Equatorial Guinea on February 9, 2023.
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Reatile Energy increases stake in CNG Holdings
Published: 11 Dec 24
Investment holding company Reatile Group subsidiary Reatile Energy has increased its stake in natural gas provider CNG Holdings to 61.36%, which Reatile Energy says further cements its commitment to advancing the role of natural gas in South Africa’s energy mix. This acquisition builds on Reatile Energy’s initial acquisition of a 25.01% stake in CNG in 2014.
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Vinpro has positive outlook for this year’s wine grape season
Published: 11 Dec 24
Industry bodies South Africa Wine and Vinpro expect an improvement in this year’s first harvest wine grape crop, compared with the previous year’s record low yield of 1.18-million tonnes.
Early forecasts indicate an improved yield owing to moderate weather conditions and minimal disruption from extreme weather events.
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WLGA releases roadmap to expand access to LPG for cooking across Africa
Published: 11 Dec 24
Industry organisation the World Liquid Gas Association (WLGA) has released the ‘LPG Roadmap for Africa’ report, which includes calls to action for the public and private sectors to achieve full access to clean cooking in sub-Saharan Africa by 2030. The roadmap is aimed at expanding access to clean cooking solutions across Africa by increasing the availability of liquefied petroleum gas (LPG).
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Partnership project showcases value-creating effluent treatment process at Eastern Cape brewery
Published: 11 Dec 24
Project Imifino was recently showcased at South African Breweries' (SAB’s) Ibhayi brewery site in Gqeberha in the Eastern Cape as a viable model for effluent treatment in the food and beverage sector at industrial scale, including providing irrigation for agricultural purposes. This followed on the installation and commissioning of an innovative containerised ultrafiltration (UF) system to enhance the existing capabilities of Imifino, with grant funding and technical assistance from the Flanders-funded South African Industry Adaptation (SAIA) project. The SAIA project is jointly implemented by the United Nations Industrial Development Organization (Unido) with the National Cleaner Production Centre South Africa and the Technology Innovation Agency.
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Electricity 2024/25: Tariffs, renewables and transmission challenges
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Hinkley Point C nuclear power plant project, UK – update
Published: 12 Dec 24
Ilikwa solar PV plant, South Africa
Published: 06 Dec 24
Battery Energy Storage Independent Power Producer Procurement Programme – Bid Window 3, South Africa – update
Published: 06 Dec 24
Small business financier Business Partners has appointed Jeremy Lang as its new MD, effective January 1. Lang will succeed Ben Bierman, who is...
AfDB approves two facilities for Standard Bank
Published: 12 Dec 24
Finance institution the African Development Bank Group (AfDB) has approved two financial facilities for South Africa-based Standard Bank Group to...
Role as hedge, geopolitical risk most likely reasons for gold’s remarkable performance
Published: 12 Dec 24
The gold price has increased by more than 28% year-to-date in dollars, trading 22% higher on average this year than during 2023, the World Gold...
